After just scooping the Triple Crown just the other day at the Belmont Park, punters and fans of horse racing alike are now asking what’s next for American Pharoah.
Given the race form in many a races, American Pharoah’s fate is nothing else if not a paradox of thoroughbred racing accolades that fans are eager to witness.
In the past, Triple Crown race victories and successfully sweeping all the races leads to the early retirement of the runner that accomplishes all these wins. For such a runner, he has more value in the breeder’s station than it is on the racetrack.
Kentucky breeders and more Thoroughbred breeders start their search for stallion prospects early enough. Colts that show their strength in a distance sprint and preferably on a dirty track are the most potential runners to produce a Kentucky Derby winner.
By picking up a racing form guide and picking a potential winner, isn’t just the only thing to consider when placing bets. Industry experts explain that any nice looking two-year-old runner that impressively scoops the prize in his first race may also make the breeders list.
As it is the case of American Pharoah and other successful runners, when they make their first win in the first race, breeders start taking a keen interest. They hastily begin forging relationships as they keenly watch as the runner’s career unfolds.
The breeders’ interests pick momentum immediately a horse wins a significant race. Stallion breeding deals are not settled before the horse attends the Triple Crown Races. Any contracts already distributed beforehand contain accomplishments that have the likelihood of triggering increases in contract terms.
Moreover, the same contracts also come with terms and conditions dictating the party that will make decisions regarding when the runner will participate in a race.
The Sunset Days
A Clause included the contract regarded as the sunset date for the runner’s racing career, most commonly is the Breeders’ Cup Classic. The event happens every autumn or the end of the runner’s three-year-old year.
An expert in the breeding industry reveals that in his many years of negotiating contracts, he is yet to come across a contract demanding a horse be retired after scooping the Triple Crown. However, he is in the opinion that from a financial standpoint, such a move makes a lot of sense.
By doing the math, it’s easy to see from his point of view. Should American Pharoah rake in $100,000 for every mating, and he successfully breeds 150 mares, this he would make the real money for his owner. More than if he were to win at the race track.
In such a matter, there is no need to go through a racing form to see that he would rather be relegated to the breeding category. As opposed to having him continue racing risking getting hurt and losing his potential of breeding mares that could succeed him once they start their career on the track.
The American Pharoah Future Projection
Many seasoned breeders still expect American Pharoah to continue training. The main reason being financial and not for competitive sport. If the runner can successively beat older horses during the breeder’s Cup Classic held in summer, his value will shoot upwards.
The breeders also study race form guides and conclude that purses are hefty nowadays. American Pharoah is looking at a $10 Million cash price in next year’s Dubai World Cup. Should he win this tournament, he will bag himself a cool $6 million kitty.
On the other hand, The Breeders’ Cup Classic attracts a $5 million purse kitty. American Pharoah is in the race of making another $10 million before ending the first quarter of 2016!